BETTER FINANCE feedback to the Regulation on charges on cross-border payments in the EU and currency conversion charges

BETTER FINANCE welcomes this proposal to extend the Regulation on cross-border transactions to non-euro Member States for cross-border transactions in Euros sent or received within the EU. Transactions in Euros from or to a Member State of the European Union will now be charged the exact same price as a domestic transaction in the official currency used in the Member State from where the transaction is sent or received.